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This document details the policies and procedures Tulane University follows for monitoring subrecipients under federally sponsored projects, ensuring compliance with federal regulations and proper

How to fill out subrecipient monitoring - tulane

How to fill out Subrecipient Monitoring

1. Identify the subrecipients involved in the project.
2. Review the requirements set forth in the funding agreement.
3. Create a monitoring plan outlining how you will oversee subrecipient activities.
4. Collect and review all financial and performance reports from subrecipients.
5. Conduct periodic on-site visits or virtual check-ins to evaluate compliance.
6. Provide technical assistance and training to subrecipients as needed.
7. Document findings and maintain records of all communications.
8. Address any issues found during monitoring promptly.
9. Compile and analyze data to assess overall performance and compliance.

Who needs Subrecipient Monitoring?

1. Organizations receiving federal or state funds to implement programs through third-party entities.
2. Grant managers and funders who are responsible for ensuring compliance.
3. Non-profit organizations that partner with other organizations for project execution.
4. Any entity that collaborates with subrecipients to fulfill project objectives.

People Also Ask about

What's the difference between a successor and beneficiary?

What's the difference between a beneficiary and a successor holder? A beneficiary gets the money, while a successor holder gets the account. "Only a spouse or common-law partner can be a successor holder," Melanie Adams, Sun Life advisor 1 says.

What is the difference between a grantee and a beneficiary?

In short, the grantor is the party that gives something (like property or funding), while the grantee — or beneficiary — is the party that receives something. A grantee is not the same as a trustee, who manages a trust for a beneficiary.

What is the difference between contractor and subrecipient?

A contractor may provide services to clients in a program after eligibilty has been determined by the recipient. If the entity has authority to make decisions regarding the delivery of service, operations, or types of assistance provided within the terms of the agreement, it is typically a subrecipient.

What is an example of a subrecipient?

Examples of Subrecipients An educational institution partnering with a government agency to deliver educational services under a grant. A research organization collaborating with a primary recipient to conduct in-depth studies funded by a grant.

Who is considered a subrecipient?

A subrecipient is an entity that receives a subaward to carry out a project funded by Fiscal Recovery Funds on behalf of a recipient.

Are beneficiary and receiver the same?

In straightforward terms, a beneficiary is the recipient of a bank fund transfer transaction. Whether it's a friend, a business, or your own second account, the meaning of beneficiary bank is the receiving bank and the person's account in that bank receiving the funds.

What is a sub-recipient?

A Subrecipient (also called a subcontractor or subawardee) is an organization eligible to receive a financial award.

What is the difference between a beneficiary and a subrecipient?

A subrecipient is an entity that receives a subaward to carry out a project funded by Fiscal Recovery Funds on behalf of a recipient. Individuals or entities that are direct beneficiaries of a project funded by Fiscal Recovery Funds are not considered subrecipients.

For pdfFiller’s FAQs

What is Subrecipient Monitoring?

Subrecipient Monitoring refers to the processes and activities undertaken by a primary recipient of federal funds to oversee and review the performance and compliance of subrecipients. This ensures that the subrecipient is appropriately using the funds and adhering to applicable regulations.

Who is required to file Subrecipient Monitoring?

Organizations that receive federal funding and subsequently make awards to subrecipients must conduct Subrecipient Monitoring to comply with federal regulations and ensure that the subrecipients are meeting their obligations.

How to fill out Subrecipient Monitoring?

Filling out Subrecipient Monitoring typically involves completing a checklist or a reporting form that includes details on the subrecipient's performance, financial reports, compliance with applicable laws, and any required documentation to demonstrate accountability.

What is the purpose of Subrecipient Monitoring?

The purpose of Subrecipient Monitoring is to ensure that federal funds are used appropriately, to verify that subrecipients comply with the terms and conditions of the funding, and to help mitigate the risk of misuse of funds.

What information must be reported on Subrecipient Monitoring?

Information that must be reported on Subrecipient Monitoring includes financial data, performance metrics, compliance with federal guidelines, findings from audits or reviews, and any corrective actions taken.